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[BMF]

Ethereum is also a popular cryptocurrency like Bitcoin but has significant differences. It is an open source, decentralized and distributed blockchain network. Bitcoin can be used only as a digital currency whereas Ethereum is used as a technology to build new programs on top of that. In a nutshell, Ethereum is far advanced in terms of technology when compared with other cryptocurrencies. Ethereum was released in the year 2015. The currency of Ethereum is called Ether and is denoted by ETH.

Pros:

1. Smart contract: This is the most significant feature of Ethereum. Smart contracts are nothing but computer programs that gets automatically executed on the blockchain technology if it satisfies the given set of criteria. Developers can create their own codes and run them in the blockchain technology using smart contracts. They can run without any fraud or interference from the third party systems.

2. Low maintenance cost: If you can integrate or sync your system to the Ethereum blockchain, you can reduce the maintenance cost as it is completely managed by the blockchain technology of Ethereum.

3. Data security: Currently, the integrity and security of your confidential data depend on the third parties as they are stored on their servers. Ethereum technology aims to provide more control over the data to the creators than the third pay systems thereby reducing the chance of hacking.

4. Faster transactions: The average time taken to get confirmation for an Ether transaction in the blockchain is close to 3 minutes. So, it is faster when compared to Bitcoins.

Cons:

1. Gas fees are more for large-scale platforms.

2. Ethereum is used more as a technology than as a currency.

3. Ether is not widely accepted by merchants and is more used for internal purposes like paying transaction fees in the Ethereum blockchain.

 

[zeljko]

I just follow news about cryptovalues. Most of stuff I read in IT magazines. I read article about cryptokitties and I want to know what experience users think about that.

 

[overcast]

I think ether app requires some level of the effort on the ether earning side. you can see that some of the time ether requires you to spend the money in the right places. and things can get better that way. I'd say you should start investing slowly.

 

[Yugocean]

Ethereum just fall a short but gained again, there is no problem with it; since January 4 it crossed $1k mark and noly today it fall short yet it is still strong and retained it's 2nd position in crypto market.

 

[tusziget]

There are usual those fluctuations in the price of cryptocurrencies,coins and tokens.I think Ethereum will stay strong in the future too,and I intend to ask for my next cash out from https://www.beermoneyforum.com/ in Ethereum and store them in my wallet.

 

[asumi]

i wonder if Ethereum will rise fast and become the next bitcoin! but according to a article i read its racing towards ripples! and bitcoin started to decreasing its market value! i thought it become $ 20,000 in 2018!

 

[zeljko]

I think ether app requires some level of the effort on the ether earning side. you can see that some of the time ether requires you to spend the money in the right places. and things can get better that way. I'd say you should start investing slowly.

If I would invest, it would be in some websites, in their hosting and some SEO, not in cryptocurrencies. I think it's still better have your own site and after some time collect money from ads.

 

[tusziget]

i wonder if Ethereum will rise fast and become the next bitcoin! but according to a article i read its racing towards ripples! and bitcoin started to decreasing its market value! i thought it become $ 20,000 in 2018!

The same happened a year before,after a huge rise in value of the Bitcoins,in 2016 from about $700 in November to $2,000 in December,in January started to drop in value.It is something normal.I think it still stays very strong the Bitcoin,as last year in September was about $6,000 and now is about $13,000.

 

[overcast]

I am waiting for the fork. And expecting the fork to perform. because ether on it's own has gone slow. and it can be hard to be around. it would be something to consider on that line of thought. it'd be not that bad to considering the currency up and down.

 

[Medowriter]

Good going by Ethereum, this was long considered as bitcoin rival, and really it is getting better and faster than bitcoin; now people are afraid of bitcoin due to raise in uncertainness, but this time Ethereum can have a better chance.

Yea, people are seeing it as an altenative to bitcoin cos it has a steady rise in price compare to bitcoin and it doesnot fall as such the value is pretty high at the moment

 

[Yugocean]

I don't think ETH will be bringing any much fork, there are already hundreds of token based on ethereum blockchain, so there is no much possibility expect the ether blockchain getting better result.

 

[tusziget]

It would be good if there would be forks more often,because we can get some free cryptocurencies or some equivalent of them.It would be good,if there would be forks in Ethereum too,but till now,only Bitcoin had forks,if I am right...

 

[Yugocean]

In December there was news of to be launched "EtherZero" on 19 January as a revolutionary Ethereum Hard Fork, but the program was cancelled on first week of January because no major platform was taking interest in it.

 

[overcast]

I think it;d be fun to see how the fiat exchanges happen with the ether. as of now there are some of the good investment in such case. you can see that it would be fun to spend the ether if there are not many issues in that case.

 

[Yugocean]

Many exchanger are exchanging Ethereum for fiat currency es like USD/EUR/KRW ; however I would think exchanging Ethereum to bitcoin and use Payza for fiat exchange can be a better option.

 

[Khagendra]

Ethereum is also a popular cryptocurrency like Bitcoin but has significant differences. It is an open source, decentralized and distributed blockchain network. Bitcoin can be used only as a digital currency whereas Ethereum is used as a technology to build new programs on top of that. In a nutshell, Ethereum is far advanced in terms of technology when compared with other cryptocurrencies. Ethereum was released in the year 2015. The currency of Ethereum is called Ether and is denoted by ETH.

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Pros:

1. Smart contract: This is the most significant feature of Ethereum. Smart contracts are nothing but computer programs that gets automatically executed on the blockchain technology if it satisfies the given set of criteria. Developers can create their own codes and run them in the blockchain technology using smart contracts. They can run without any fraud or interference from the third party systems.

2. Low maintenance cost: If you can integrate or sync your system to the Ethereum blockchain, you can reduce the maintenance cost as it is completely managed by the blockchain technology of Ethereum.

3. Data security: Currently, the integrity and security of your confidential data depend on the third parties as they are stored on their servers. Ethereum technology aims to provide more control over the data to the creators than the third pay systems thereby reducing the chance of hacking.

4. Faster transactions: The average time taken to get confirmation for an Ether transaction in the blockchain is close to 3 minutes. So, it is faster when compared to Bitcoins.

Cons:

1. Gas fees are more for large-scale platforms.

2. Ethereum is used more as a technology than as a currency.

3. Ether is not widely accepted by merchants and is more used for internal purposes like paying transaction fees in the Ethereum blockchain.

Bitcoin is different from this site but the purpose of the both sites are similar to make money. We can make money from this site as well but i think bitcoin is more popular than Ethereum.

 

[Yugocean]

Ethereum and Bitcoin are not 'sites' but cryptocurrencies. Bitcoin is crypto coin, while ethereum is token. Now when bitcoin price dramatically dropped, ethereum price tripled; it is getting popular.

 

[BMF]

Update:
1 = $1,427

Ethereum value is skyrocketing for the last couple days, just look at the 24h chart below. When do you think it will hit $2,000?

 

[Emill]

It's hard to tell when will it will reach $2,000, but it clearly will get there soon because there's no reason to stagnate here. especially because these days, due to its increase, the demand will also surely increase.

 

[Yugocean]

Erthereum will reach $2k till next month, if this goes slow and steady, then surely it will cross even bitcoin till the end of this year, there are more chance in ETH.

 

[tusziget]

I think I will be more active in collecting Ethereum.I hope that the faucets didn't reduced the amount of satoshis per claim due to the fact that the price of the Ethereum is rising.I hope I did well,that I have exchanged Ethereum for Bitcoins in Faucethub,or it was very soon...